INSEAD SERT members publish book chapter on social entrepreneurship

Professor Stephen J. Mezias and researcher Mohamad Fakhreddin have published a book chapter focused on the role of community institutions and corporate social action in spurring economic development at the base of the pyramid. An abstract of their chapter follows; a link to the full text is below the abstract.

In emerging economies, the need for corporate social action to spur economic development is critical, but governmental support has been weak and civil society underdeveloped. We explore the implications of these facts from an institutional perspective at the community level and argue that support for these kinds of corporate social action, which is critical, can be understood in terms of a theoretical sequence. We suggest starting with cultural cognitive institutions, then social normative institutions and completing the cycle by reforming regulative institutions. In our conclusion, we discuss implications for theory and practice, proponents of corporate social action and policy makers. The link to the full text is as follows:

http://centres.insead.edu/socio-economic-research/social-entrepreneurship/documents/FromPrivatetoPublic-Chapter11-PatternsinSocialEntrepreneurshipResearch.PDF